MDU Resources Group (NYSE:MDU – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.880-0.980 for the period, compared to the consensus EPS estimate of 1.290. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on MDU shares. Bank of America upgraded MDU Resources Group from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $31.00 to $17.00 in a research note on Tuesday, November 5th. StockNews.com lowered shares of MDU Resources Group from a “hold” rating to a “sell” rating in a research report on Friday. Siebert Williams Shank raised shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Monday, November 4th. Finally, Jefferies Financial Group started coverage on shares of MDU Resources Group in a report on Wednesday, January 8th. They issued a “hold” rating and a $18.00 target price on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, MDU Resources Group currently has an average rating of “Hold” and an average price target of $21.00.
Check Out Our Latest Report on MDU
MDU Resources Group Stock Performance
MDU Resources Group (NYSE:MDU – Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. MDU Resources Group had a return on equity of 10.20% and a net margin of 7.31%. Analysts expect that MDU Resources Group will post 0.95 EPS for the current year.
MDU Resources Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Thursday, December 12th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.52 annualized dividend and a dividend yield of 3.14%. MDU Resources Group’s dividend payout ratio is 37.68%.
About MDU Resources Group
MDU Resources Group, Inc engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 82 transmission and 298 distribution substations.
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